DTS dragontail systems limited
Add to My Watchlist 0.00% ! 23.0¢

Jan 22 (Reuters) - Dragontail Systems Ltd (DTS) : SIGNS TERM...

  1. Hot News
    193,698 Posts.
    lightbulb Created with Sketch. 2825
    clock Created with Sketch.
    22/01/20
    12:15
    Post #: 42511576

    Jan 22 (Reuters) - Dragontail Systems Ltd (DTS) :

    • SIGNS TERM SHEET FOR A$20M IN NEW FUNDING CORNERSTONED BY STRATEGIC US INVESTOR
    • ENTERED INTO A NON-BINDING TERM SHEET WITH ELDRIDGE INDUSTRIES, GOUDY PARK CAPITAL LP & ALCEON LIQUID STRATEGIES
    • ISSUE PRICE OF PREFERENCE SHARES $0.1406
    • FUNDING WILL SUPPORT PLANNED MAJOR EXPANSION INTO USA
    • INTENDS TO APPLY PART OF FUNDS TO REPAY IN FULL EXISTING $4.3M CORPORATE LOAN WITH ALCEON
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Cangallo drilling returns wide copper intercepts
right-arrow Created with Sketch.
NEWS Peregrine Gold discovers high grade channel iron deposit at Newman gold project, WA
right-arrow Created with Sketch.
NEWS AnteoTech and Black Diamond Structures to Progress Advanced Battery Product in the USA
right-arrow Created with Sketch.
NEWS Nyrada completes final dosing in Xolatryp Phase I clinical trial
right-arrow Created with Sketch.
NEWS World’s largest pollucite-hosted caesium pegmatite resource defined
right-arrow Created with Sketch.
NEWS Access the latest ASX news here
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.